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Home | Entrepreneurship | Can you become an Entrepreneur?

The role and responsibility of entrepreneurs is changing as India changes. This is an important issue to think about, because the nature of entrepreneurship is different in India- it is more complex, complicated and more granular than the West.

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List out business ideas and make your choice. Once you have identified your business idea, find out what you will require eg. Staff, inventory, storage space, communication network, stationary etc

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Can you become an Entrepreneur?

Does the word "entrepreneur" frighten you? Do you think only others can become entrepreneurs, and you don't have the makings of one? You will be surprised to know that almost anyone can become an entrepreneur! Yes even you..

Does it take a certain kind of person to become an entrepreneur? Are there certain traits or characteristics necessary to become an entrepreneur? Let's find out more.

The entrepreneur's personality.
An entrepreneur should have an appetite for risk. A risk in the name of an idea, an innovation, finances etc
An entrepreneur should be prepared for uncertainty. She should be
prepared to navigate uncharted waters, where no one has been before.
Most entrepreneurs have leadership qualities.
They have a strong need for achievement and success, and use this as their motivation.
Independent by nature, rarely ready to submit to authority.
They possess vision and are the driving force of their enterprise.
Their vision is often fuelled by enthusiasm and passion
The entrepreneur turns her vision into reality through determination and perseverence.
They are quick decision-makers.
They believe in improvement and innovation and often are the first to take the initiative..
They are organizers and co-ordinators
Entrepreneurs are also.
Tough
Patient
Creative
Optimistic
Pragmatic
Persistent
Persevering
Resourceful
Opportunists
Positive thinkers

However, entrepreneurs need to watch out for certain behaviour patterns / traits that may eventually prove detrimental to them. Their confidence may lead to overconfidence, and their keen sense of opportunity may be seen as "cunning" or "scheming"

Entrepreneurs are creative and resourceful people. They create customers or buyers. This is what makes entrepreneurs different from ordinary businessmen who believe in walking the beaten path. Entrepreneurs choose to carve a niche for themselves.

So, is there an entrepreneur hiding within you?